Zip 04747 (Island Falls, ME) Housing

The housing market in Island Falls, ME (zip code 04747) is a strong one. According to recent data, the median value of homes in the area is $159,700, which is significantly lower than the US median value of $338,100. However, the 1 year appreciation rate of 16.46% in Island Falls is more than double the US rate of 8.27%, solidifying the strength of the housing market in the area. This could make it an attractive option for potential buyers who are looking for an affordable option with great potential for return on investment.

The median home cost in Island Falls (zip 04747) is $159,700. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Island Falls (zip 04747) is up 20.6%.

Average Age of Homes

- The median age of Island Falls (zip 04747) real estate is 46 years old

The Rental Market in Island Falls (zip 04747)

- Renters make up 8.0% of the Island Falls (zip 04747) population
- 0.0% of houses and apartments in Island Falls (zip 04747), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Island Falls, Maine	United States
	996.0	139,647,020.0
	49	42
	$159,700	$338,100
	20.6%	16.6%
	71.4%	57.0%
	82.1%	101.1%
	$13.54	$10.98
	$1,543	$2,690
	47.7%	57.4%
	43.6%	11.2%
	8.7%	31.4%
Vacant Housing
	0.0%	1.9%
	0.7%	0.4%
	0.4%	0.7%
	0.0%	0.4%
	38.0%	3.6%
	4.5%	4.1%
Value of Owner-Occupied Housing
	4.6%	2.6%
	10.5%	2.4%
	14.3%	2.8%
	5.5%	3.9%
	11.2%	4.5%
	12.4%	11.3%
	15.6%	13.0%
	15.2%	20.1%
	5.3%	13.6%
	3.2%	8.3%
	1.9%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	15.8%	13.6%
	15.8%	13.6%
	11.1%	13.6%
	4.2%	13.2%
	16.7%	14.8%
	11.1%	13.6%
	3.7%	10.0%
	10.7%	4.7%
	25.4%	12.2%

Reviews for Island Falls

See all (0)

Write a Review

Start Your Review of Island Falls

Commute